Global IOT Analytics Market is expected to raise CAGR of around 25% at market size of USD 18 billion by 2022

With the flu spreading earlier than usual this year, market interest is growing in products that may help support immune health, including red ginseng. According to the Korea Disease Control and Prevention Agency, the number of patients with influenza-like illnesses reached 25.3 per 1,000 outpatients during the first week of September. This is nearly double the epidemic threshold of 12.9 and up sharply from 13.3 in late August. COVID-19 is also spreading alongside the flu. During the same period, 193 patients were hospitalized with COVID-19, more than triple the number four weeks earlier. Last year, the government issued a flu advisory on Oct. 17, but this year it issued the advisory on Sept. 11 and began its vaccination program on Sept. 21. Against this backdrop, consumers are showing growing interest not only in vaccination but also in products that support immune health as part of broader preventive care, with red ginseng among those drawing increased attention. Red ginseng has been officially recognized by the Ministry of Food and Drug Safety for seven potential health benefits, inclu

Samsung Electronics and SK Group each made a high-profile show of support for Nvidia CEO Jensen Huang after he received the Van Fleet Award, a prominent honor recognizing individuals who contribute to Korea-U.S. relations. The two companies' efforts underscore the importance they place on ties with the artificial intelligence (AI) accelerator giant as competition for next-generation memory and computing technologies intensifies. Samsung Electronics ran congratulatory videos for Nvidia CEO Jensen Huang on a Times Square billboard in New York City on Sunday and Monday (local time), while Executive Chairman Lee Jae-yong attended the Korea Society’s annual gala, where Huang received the award, in the city on Monday. The Korea Society honored Huang for his “visionary leadership and transformative contributions” to the AI and semiconductor industries, which it said are central to the evolving Korea-U.S. economic partnership. In his remarks at the gala, Lee highlighted Huang’s role in reshaping the technology industry and the significance of the bilateral partnership. “He has made the

Naver, the Korean tech powerhouse best known for operating the country’s dominant search engine and digital ecosystem, is expanding its global artificial intelligence (AI) push into Latin America. Company executives met with Mexican government officials and business leaders this week to explore joint initiatives aimed at building a regional AI ecosystem and accelerating industrial modernization. Naver CEO Choi Soo-yeon and other company executives visited Mexico from Thursday through Friday as members of President Lee Jae Myung’s economic delegation, the company said Tuesday. Choi met with Marcelo Ebrard Casaubon, Mexico’s economy minister, and Rosaura Ruiz Gutiérrez, minister of science, humanities, technology and innovation, as well as officials from the Agency of Digital Transformation and Telecommunications and Mexican IT company Softtek. Choi introduced Naver’s public-sector AI transformation capabilities, sovereign AI strategy and AI factory project being developed with Nvidia and Brookfield, while proposing cooperation on Mexico’s public sector digital transformation a

KB Financial Group's surprise decision to replace its incumbent chairman despite record earnings is under closer shareholder scrutiny, with the world's two largest proxy advisory firms reviewing the nomination ahead of a shareholder vote, industry officials said Tuesday. Institutional Shareholder Services (ISS) and Glass Lewis told The Korea Times that they are currently reviewing company proposals ahead of an extraordinary shareholders meeting scheduled for Nov. 20. Neither has yet issued a recommendation on the appointment of Lee Jae-keun as KB Financial's next chairman. Glass Lewis said it was unable to comment on the nomination at this stage because its research on the company was still underway. ISS similarly said its recommendation would be available once its research is published. "I’m happy to send you our shareholder meeting research and recommendations for KB Financial Group once we publish, which is typically 14-16 calendar days ahead of the shareholder meeting, as noted in our media policy," an ISS spokesperson said. Their recommendations could carry particular weight at KB

SK hynix Inc. has announced that it will expand its support programs for partner companies, including providing upfront funding of up to 50 percent of research and development (R&D) costs. The plan was announced at an event hosted by SK hynix CEO Kwak Noh-jung and attended by key executives and representatives of about 100 partner companies on Monday. At the technology development stage, SK hynix will introduce a program under which it will provide upfront funding of up to 50 percent of initial R&D costs. Even if a project fails to result in a successful technology or an actual purchase, SK hynix will make a post-development settlement based on the technological achievements and contributions of the partner company. At the testing and verification stage, SK hynix will provide access to infrastructure, including production lines, to help partner companies verify the performance and reliability of their products. At the mass-production stage, SK hynix will provide low-interest financing through its shared-growth fund and expand its consulting program to include second- and third-tier suppli

OpenAI on Monday halted the release of its newest artificial intelligence model over safety concerns as tech companies grapple with potential risks as a result of more advanced AI software. Saachi Jain, OpenAI's head of safety systems, told The New York Times that the new model, called GPT-6.1 Astra, "didn't quite meet the bar in...

Nvidia founder and CEO Jensen Huang and AMD chief Lisa Su have joined an influential advisory board at a prestigious Chinese university, placing the two key American AI tech leaders in a high-level forum known for connecting global executives with senior Chinese officials. Huang and Su were among three new members appointed to the advisory board of Tsinghua University’s School of Economics and Management (SEM), alongside Marc Pictet, senior managing partner of Swiss wealth and assets manager...

President Trump is set to unveil America.gov on Tuesday morning, launching the website powered by artificial intelligence that aims to make it easier for U.S. citizens to access federal services. The rollout comes as Trump leans further into the global AI race, showing little appetite for regulation on the industry despite growing anxieties over the...

Sibol’s Pokémon UNITE campaign at the 20th Asian Games Aichi-Nagoya 2026 ended with a bronze medal after Indonesia stopped the Philippines in the semifinals at Aichi Sky Expo on Sunday. The Philippines fell 2-0 to Indonesia in the semifinal, ending its bid for a place in the gold-medal match. Despite the loss, the result gave

Anthropic has told prospective investors that it is growing at a pace few companies have matched, losing money at a scale few could survive, and building a product that could pose an existential threat to humanity. The prospectus behind what could become the largest IPO on record shows revenue rising twelvefold to nearly US$4.6 billion in 2025, […] The post Ecosystem Roundup: Anthropic’s IPO filing: 12x revenue, US$8B loss and an extinction risk appeared first on e27.

The Biden administration and a number of countries in Europe have endorsed a framework for AI regulation that respects human rights, democracy and the rule of law, but it is generally unheard of outside of the little-known European organization that drafted it.  Alain Berset is the secretary-general of the Council of Europe, an important but...

Artificial intelligence is moving deeper into asset management, but not only through chatbots, research summaries or back-office automation. The bigger question is whether AI can help investment firms do what has become increasingly difficult in public markets: find differentiated returns at scale. Blue Fire AI, a technology company focused on AI-driven investment management, is making […] The post Blue Fire AI closes US$9M round with AM-One stake under Mizuho partnership appeared first on e27.